Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

Today's Morning Movers and Top Ratings: TSLA, BYND, TJX, BMBL and More

avatar
Movers and Shakers wrote a column · Feb 28 07:26
Morning Movers
Gapping up
$Tesla (TSLA.US)$ stock rose 0.3% after Chief Executive Elon Musk said the electric vehicle manufacturer had completed production design on a long-planned update to its Roadster electric sportscar, adding that it was likely to ship starting next year.
$TJX Companies (TJX.US)$ stock rose 1.4% after the retailer topped market expectations for fourth-quarter sales on Wednesday as shoppers flocked to its TJ Maxx chain in search of holiday deals.
$Beyond Meat (BYND.US)$ stock soared over 60% after the faux meat producer after reporting better-than-expected quarterly earnings and also forecasting stronger margins, betting on price hikes and steep cost cuts to turn around its battered margins.
$eBay (EBAY.US)$ stock rose 5.1% after the e-commerce group reported better-than-expected earnings guidance and fourth-quarter results despite facing a "challenging" macroeconomic environment.
$Ambarella (AMBA.US)$ stock rose 7.9% after the semiconductor company underscored the potential growth from its automotive and IoT sectors driven by its AI strategy in its results.
$Advance Auto Parts (AAP.US)$ stock rose 7.5% despite the company swinging to a loss in the fourth quarter as sales declined, boosted by bullish guidance for 2024.
Gapping down
$Urban Outfitters (URBN.US)$ stock fell 10% after the clothing and accessories retailer disappointed with its fourth-quarter numbers, with dwindling sales forcing a rethink about some of its stores.
$Bumble (BMBL.US)$ stock dropped 10% after its downbeat quarterly revenue forecast underscored the need for a revamp of the dating-app experience to attract newer generations seeking companionship.
$Lemonade (LMND.US)$ stock slumped 16% after the insurer warned that it would spend more on growth this year, which would hurt its bottom line.
$Boston Beer (SAM.US)$ stock fell 10% after the brewer said its loss widened and revenue declined in the fourth quarter amid significantly lower shipment volumes, adding that CEO Dave Burwick will retire at the start of April.
Source: CNBC; Investing.com
US Top Rating Updates on 02/28
Today's Morning Movers and Top Ratings: TSLA, BYND, TJX, BMBL and More
Source: Dow Jones
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
25
2
1
+0
Translate
Report
515K Views
Comment
Sign in to post a comment
    avatar
    Moomoo Official Account
    Chasing hot stocks
    46KFollowers
    14Following
    41KVisitors
    Follow